Digital Banking

Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.

Source: en.wikipedia.org

Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over
Varo Chief Colin Walsh Steps Down as Bakkt’s Ex-CEO Takes Over
February 16, 2025  |  Personnel

Neobank Varo is undergoing a change in leadership. Colin Walsh, who founded the company, has departed from his role as chief executive, according to a...

READ MORE >
UK-Based OneID Raises $20 Million to Grow Digital Identity Service
UK-Based OneID Raises $20 Million to Grow Digital Identity Service
February 13, 2025  |  Investments

United Kingdom-based OneID raised over 16 million pounds (about $20 million) to grow its bank-verified digital identity service. The company will use its latest funding...

READ MORE >
Get, Keep and Grow Customers: Credit Unions Double Down on Digital
Get, Keep and Grow Customers: Credit Unions Double Down on Digital
February 13, 2025  |  Credit Unions

Credit unions have long jockeyed to gain consumer loyalty and top-of-mind status against mega-banks, and more recently, digital-only banks. The competition may seem a bit...

READ MORE >
nCino Acquires Sandbox Banking to Fuel Banks’ Digital Transformation
nCino Acquires Sandbox Banking to Fuel Banks’ Digital Transformation
February 11, 2025  |  Acquisitions

Banking solutions provider nCino has acquired Integration-Platform-as-a-Service (iPaaS) company Sandbox Banking. The deal, announced Tuesday (Feb. 11), is designed to bolster nCino’s ability to improve data connectivity and streamline operations...

READ MORE >
FIS Targets ‘Money in Motion’ Growth and Announces Affirm Debit Card Pact
FIS Targets ‘Money in Motion’ Growth and Announces Affirm Debit Card Pact
February 11, 2025  |  Earnings

Shares of FIS slid at the start of intraday trading Tuesday (Feb. 11) in the wake of fourth-quarter earnings results, as net income forecasts came...

READ MORE >
Rewards Move Credit Unions Top of Mind and Top of Wallet
Rewards Move Credit Unions Top of Mind and Top of Wallet
February 10, 2025  |  Credit Unions

The largest banks and their smaller brethren — particularly credit unions — are and always have been locked in a pitched battle for customers, for...

READ MORE >
Banco Santander Credits Technology Platforms for Achievement of Record Results
Banco Santander Credits Technology Platforms for Achievement of Record Results
February 05, 2025  |  Technology

Banco Santander credited its technology platforms with helping it achieve record results in 2024. “As one of the largest retail and consumer banks in the...

READ MORE >
New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

READ MORE >
Candescent Names US Bank Vet Gareth Gaston as Product Chief
Candescent Names US Bank Vet Gareth Gaston as Product Chief
February 04, 2025  |  Personnel

Digital banking platform Candescent has named a new chief product officer. Gareth Gaston, described by Candescent as an “industry powerhouse,” is joining the firm after...

READ MORE >